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H.R. 517, The Elder Care Tax Credit Act of 2009 (1 comment ↓)
H.R. 517 would amend the Internal Revenue Code of 1986 to modify the dependent care credit to take into account expenses for care of parents and grandparents who do not live with the taxpayer.
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L Ring
June 4, 2009, 4:02am (report abuse)PLEASE pass this bill. I have spent thousands for my loved one the past couple of years all to her benefit only and cared for her in my home with neccessary home modifications and it put a real hardship on my family. I filed for and became her guardian which cost tens of thousands and nothing was deductible. In fact it cost money because I had to borrow money to help her and none of this was tax deductible. I know of others that also suffered great finacial cost but saved the taxpayers the cost by caring for their loved ones at home.